国内英语资讯:Chinas local government debt balance at 16.61 tln yuan by end March
<p><span word="BEIJING">BEIJING</span>, <span word="April">April</span> 14-- <span word="China">China</span>'<span word="s">s</span> <span word="local">local</span> <span word="government">government</span> <span word="debt">debt</span> <span word="balance">balance</span> <span word="stood">stood</span> <span word="at">at</span> 16.61 <span word="trillion">trillion</span> <span word="yuan">yuan</span> (2.64 <span word="trillion">trillion</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>) <span word="at">at</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> <span word="March">March</span>, <span word="well">well</span> <span word="within">within</span> <span word="the">the</span> <span word="official">official</span> <span word="limit">limit</span>, <span word="according">according</span> <span word="to">to</span> <span word="the">the</span> <span word="Ministry">Ministry</span> <span word="of">of</span> <span word="Finance">Finance</span> <span word="showed">showed</span>.</p><p><span word="The">The</span> <span word="country">country</span>'<span word="s">s</span> <span word="top">top</span> <span word="legislative">legislative</span> <span word="body">body</span> <span word="has">has</span> <span word="decided">decided</span> <span word="that">that</span> <span word="the">the</span> <span word="upper">upper</span> <span word="limit">limit</span> <span word="for">for</span> <span word="local">local</span> <span word="government">government</span> <span word="debt">debt</span> <span word="this">this</span> <span word="year">year</span> <span word="should">should</span> <span word="be">be</span> 20.99 <span word="trillion">trillion</span> <span word="yuan">yuan</span>.</p><p><span word="China">China</span> <span word="issued">issued</span> <span word="local">local</span> <span word="government">government</span> <span word="bonds">bonds</span> <span word="worth">worth</span> 191 <span word="billion">billion</span> <span word="yuan">yuan</span> <span word="in">in</span> <span word="March">March</span> <span word="and">and</span> 219.5 <span word="billion">billion</span> <span word="yuan">yuan</span> <span word="in">in</span> <span word="the">the</span> <span word="first">first</span> <span word="three">three</span> <span word="months">months</span> <span word="of">of</span> <span word="this">this</span> <span word="year">year</span>, <span word="all">all</span> <span word="for">for</span> <span word="debt">debt</span> <span word="swaps">swaps</span>.</p><p><span word="China">China</span> <span word="has">has</span> <span word="made">made</span> <span word="bond">bond</span> <span word="issuance">issuance</span> <span word="the">the</span> <span word="sole">sole</span> <span word="legal">legal</span> <span word="way">way</span> <span word="for">for</span> <span word="local">local</span> <span word="governments">governments</span> <span word="to">to</span> <span word="raise">raise</span> <span word="debt">debt</span> <span word="amid">amid</span> <span word="the">the</span> <span word="nation">nation</span>'<span word="s">s</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="forestall">forestall</span> <span word="systemic">systemic</span> <span word="financial">financial</span> <span word="crisis">crisis</span>, <span word="the">the</span> <span word="country">country</span>'<span word="s">s</span> <span word="finance">finance</span> <span word="minister">minister</span> <span word="said">said</span> <span word="last">last</span> <span word="Month">Month</span>.</p>
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